9190 Parkway Birmingham, AL 35206

This exceptional investment opportunity presents a freestanding retail building in Birmingham, Alabama, currently occupied by a T-Mobile store under a corporate-guaranteed lease. The property boasts a strong 5.90% cap rate, generating a net operating income (NOI) of $50,484 annually. Situated on a highly visible, signalized corner lot (.43 acres) as a Super Walmart outparcel, the property benefits from exceptional traffic counts. The 1,836 square foot building, constructed in 2006 and featuring a new 2023 roof, offers minimal maintenance concerns. The lease features a remaining term of five years with two five-year extension options, each including a 10% rent increase. Ample parking is provided with 17 spaces, and a convenient enclosed dumpster pad is included. The property is zoned CB2 and offers a compelling return on investment for discerning buyers. Originally built as a Starbucks with a drive-thru, this adaptable space presents a secure and profitable investment opportunity in a prime Birmingham location. The property's strong tenant, favorable lease terms, and excellent visibility make it an ideal addition to any investment portfolio.